OECS targets main sectors

Governor of the Eastern Caribbean Central Bank Sir Dwight Venner said a high-powered core group has been assembled to devise short and long term responses to the global crisis.



According to Sir Venner the economies of Eastern Caribbean nations are already being hit by falling tourist arrivals and significant declines in foreign direct investment.



He said data on remittances indicate a slowdown in the sector as well.



Sir Venner said focus would be placed mainly on the tourism, construction and fisheries sectors.